It's a great product - I've been using it for years. It does have some issues but your milage might vary.
If you run XP without rebooting for awhile, as I do, VMWare may start consuming large chunks of CPU time, slowing everything down. Often, you can terminate the vm-auth process and you're OK.
Another thing I've found is that drag-and-drop from your desktop to a VM may stop working if you frequently use the Pause/Restart feature in the VM. I haven't updated my software in awhile so maybe it's fixed in a later release.
I've been unsuccessful at installing some Linux distros - they have issues with the virtual video driver of VMWare. This impacted me on Mandrake 9.0 and another distro I can't recall. I haven't tried anything recently.
You can't use Remote Desktop (RDP) and attempt to resume a Paused VM. I am guessing the video parameters of the remote session conflict with what it's expecting and it won't Restart the VM. In fact, I don't think it'll even start a VM from scratch using RDP. You're best off using VNC although it's slower.
Microsoft has released Virtual PC which may prove to be a good competitor. Although it's targeted to running copies of Windows, it supports running Linux and DOS. Hopefully they won't cripple the software when it comes to runing Linux.
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